Klabin SA (OTCMKTS:KLBAY - Get Free Report) shares passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $7.60 and traded as high as $7.7325. Klabin shares last traded at $7.7325, with a volume of 398 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, Itau BBA Securities downgraded Klabin to a "market perform" rating in a report on Wednesday, February 11th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Buy".
Read Our Latest Stock Analysis on Klabin
Klabin Stock Down 0.6%
The business has a 50-day simple moving average of $7.60 and a two-hundred day simple moving average of $7.18. The company has a debt-to-equity ratio of 2.43, a quick ratio of 1.64 and a current ratio of 2.06. The company has a market capitalization of $24.13 billion, a price-to-earnings ratio of 14.98, a PEG ratio of 0.70 and a beta of 0.81.
Klabin (OTCMKTS:KLBAY - Get Free Report) last posted its quarterly earnings data on Wednesday, February 11th. The basic materials company reported $0.13 earnings per share for the quarter, topping analysts' consensus estimates of $0.08 by $0.05. Klabin had a return on equity of 11.06% and a net margin of 7.13%.The company had revenue of $956.36 million during the quarter, compared to analysts' expectations of $972.70 million. As a group, equities analysts predict that Klabin SA will post 0.02 EPS for the current year.
About Klabin
(
Get Free Report)
Klabin SA is a Brazilian integrated paper and pulp company that develops, manufactures and sells a range of forest products and packaging solutions. Founded by the Klabin family in 1899 and headquartered in São Paulo, the company's activities span forestry management, pulp and paper manufacturing, containerboard and corrugated packaging production, and recycling operations. Klabin supplies both industrial and consumer-oriented paper and packaging products, including kraftliner, corrugating medium, cartonboard and specialty papers used across multiple end markets.
As an integrated forest products company, Klabin manages planted timberlands and brings raw material through its own supply chain into pulping and papermaking facilities.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Klabin, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Klabin wasn't on the list.
While Klabin currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy is entering a new growth cycle as rising power demand, expanding data centers, and renewed policy support bring the sector back into focus. After strong gains in recent years, the most impactful phase of nuclear investment may still be ahead.
This report highlights seven nuclear energy stocks positioned across the value chain—combining near-term revenue with long-term upside as next-generation technologies scale. Click the link below to unlock the full list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.